The leading market experts have placed a mean price target of $75.94 on FIRST REPUBLIC BANK (NYSE:FRC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.04 a share for the upcoming quarter and $3.91 for the current fiscal.
The technical analysis of FIRST REPUBLIC BANK Common Stoc plainly substantiates that the 50-day moving average of FIRST REPUBLIC BANK Common Stoc is $70.45, and stock is trading $1.93 points away or +2.74% from its 50-day moving average of $70.45. Further it is trading $4.49 or +6.62% away its 200-day moving average of $67.89. FIRST REPUBLIC BANK (NYSE:FRC) 52-week high is $73.98 and the 52-week low is $56.32.
This explains if the stock moves $-1.60, it will post a 52-week high. In event of +28.52% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of FIRST REPUBLIC BANK Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, FIRST REPUBLIC BANK (NYSE:FRC) ratio came in at 20.31.
The stock last ended the trading session at $72.38 and registered a market cap of $10.85B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. FIRST REPUBLIC BANK (NYSE:FRC) PEG ratio is at 1.44.
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